When Oil Prices Are High, Demand (And Supply) For Electric Cars Rises

Have you observed this pattern?

When oil prices are low, demand (and supply) for electric cars plummets.

When oil prices are high, demand (and supply) for electric cars rises.

This means that when oil prices are low electric car companies can go bust (or they become very cheap for auto manufacturers to purchase).

And when oil prices are high electric car companies get lots of orders and lots of investment.

What a truly horrible cycle!

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